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Delhi

Homebuyers in SC to frame model pacts to protect realty customers

new delhi: A plea has been filed in the Supreme Court seeking direction to the Centre to frame model pacts for builder and agent buyers to protect customers and bring in transparency in the realty sector in tune with the RERA Act 2016.

The plea filed by 62 home buyers has also sought a direction to all the states to enforce the ''Model Builder Buyer Agreement'' and ''Model Agent Buyer Agreement'' and to take steps to avoid mental, physical and financial injury to customers.

The plea has made the Ministry of Housing and Urban Affairs, DLF Southern Homes Pvt. Ltd.(Begur Omr Home Pvt Ltd) and Annabel Builders & Developers Pvt. Ltd as parties in the case.

"Promoters, Builders and Agents use manifestly arbitrary one-sided agreements that do not place customers at an equal platform with them, which offends Articles 14, 15, 21 of Constitution. There have been many cases of deliberate inordinate delays in handing over possession and customers lodge complaints but police don't register FIRs, citing arbitrary clauses of the agreement.

"Builders issue revised delivery schedule again and again and adopt arbitrary unfair restrictive trade practices. All this amounts to criminal conspiracy, fraud, cheating, criminal breach of trust, dishonestly inducing delivery of the property, dishonest misappropriation of property and violation of corporate laws," said the plea, filed through advocate Ashwani Kumar Dubey.

Due to deliberate excessive delays in possession, real estate customers are not only suffering from mental and financial injury but also from brazen violation of their right to life and livelihood, the plea said.

The PIL contended that many developers across the country still follow a common practice of pre-launching a project without securing requisite approvals for the project from the authorities, and term it as ''soft launch'' or ''pre-launch'' etc. thus, openly violating the law but no action has been taken against any builder till date. The plea has also sought directions to compensate the buyers for losses incurred due to inordinate delays on the part of Promoters-Builders and to recover their money.

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